TSXV:TLC.P - Post by User
Post by
oldsaltydogon Jul 24, 2013 9:25am
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Post# 21626761
Today's the big day
Today's the big dayCCAA or Receiver? What will it be?
Based on performance of this company to date, lack of strong leadership and being broke, there is a good chance the courts will side with the Banks and move right into receivership.
If McAdam and his motley crew have not been able to secure financing right up tp the 11th hour and 59 minute mark, what are the chances he could pull it off if an additional 30 days is given under CCAA.
Not likely. The banks have a pretty good case to move right to receivership.